$865,000

1027 Euclid St Nw , Washington, DC 20001

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):0 sqft
Lot:0.03
Year Built:1910
Listing Status:Active

Listing Agent

Amy M Levin
http://www.longandfoster.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Legal 2 unit in the heart of Columbia Heights ready to earn $55K+/yr with TWO OFF STREET PARKING SPACES and further expansion potential. Additional parking garage, extra lot or huge garden may be negotiated separately for buyers looking to create something unique directly in the NAMED alley behind (further residential development possible). 2BR/1.5 BA on two levels-wood floors, updated lighting, a stylish kitchen with stainless steel appliances and exit to rear patio and parking. Enjoy your morning coffee on the inviting front porch. Living dining, kitchen and powder room on main level and two generous size bedrooms, full bath +den/office that is currently being used as a full-size laundry room. 1BR/1BA separately metered basement unit makes for perfect for rental income, guest suite, or separate professional home office. Easy access to Metro, restaurants, parks, and shopping, this home is an absolute gem. Don't miss your chance to own in one of D.C.'s most vibrant neighborhoods. Income     ""¢    Upper Unit Rental Income: $3,500 per month ($42,000 per year)     ""¢    Basement Unit Rental Income (Furnished): $1,800 per month ($21,600 per year)     ""¢    Total Gross Rental Income: $63,600 per year Operating Expenses     ""¢    Property Insurance: $1,520 per year     ""¢    Property Taxes: $7,000 per year     ""¢    Total Operating Expenses: $8,520 per year Net Operating Income (NOI) Gross Rental Income - Operating Expenses $63,600 - $8,520 = $55,080 per year Capitalization Rate (Cap Rate) NOI / Asking Price $55,080 / $875,000 = 6.3CAP Also a strong contender for owner occupant or investors looking for rental income in a desirable location.

Detailed Items

Other Information

1027 Euclid St Nw, Washington, DC, 20001 is a (none specified) listing of 0 sqft on a lot of 0.03. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1027 Euclid St Nw, Washington, DC
Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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